ACIT CENTRAL CIRCLE-26, NEW DELHI vs. KUMAR BROTHERS CO. , NEW DELHI

In the result, the appeals of the Revenue are dismissed and the appeals of the assessee are partly allowed

Bench: Sh. C. M. Gargdr. B. R. R. Kumar

bogus purchases cannot be sustained. 9. On the facts and circumstances of the case, the learned CIT(A) has erred both on facts & in law in confirming the said addition arbitrarily rejecting the material and evidences brought on record by the assessee to show that the purchases were made in regular course of the business and material so purchased

KUMAR BROTHERS CO. ,NEW DELHI vs. ACIT CENTRAL CIRCLE-26, NEW DELHI

In the result, the appeals of the Revenue are dismissed and the appeals of the assessee are partly allowed